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Published on Monday, March 6, 2017 | Updated on Tuesday, March 7, 2017

Turkey | Monthly Banking Monitor. February 2017

Total credit growth rate of the Turkish banking sector continues to hover between 11%-12% and the recent trend signals that it is moving to the Central Bank's comfort target (15%). Retail interest rate decreases have stopped as the Central Bank has tightened the monetary policy. Consumer credits is losing momentum but still robust.